Recommendations on 45th GST Council Meeting held on 17th September 2021, by Mr Shubham Khaitan.
Dear all,
Your association SIMA is in receipt of an email by C.A Shubham Khaitan Partner, Tax & Regulatory, S. Khaitan & Associates regarding, recommendations on 45th GST Council Meeting held on 17th September 2021.
The recommendation of the GST Council Meeting are given below:
* 100% ITC matching upon notification of Section 16(2)(aa)
* Interest on ITC availed but not utilized not to be levied
* Transfer of CGST/IGST Cash ledger balances between two GSTINs having same PAN
* Clarification on scope of intermediary services
* Interpretation of “merely establishment of distinct persons” to be clarified from the “export of services” perspective.
To view, the recommendation of the GST Council Meeting by Mr Shubham Khaitan's PLEASES CLICK HERE.
Thanking You,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary
